China Reform Holdings Co., Ltd. said it discovered that Hengyun Energy Technology (Beijing) Center (Limited Partnership) listed its subsidiary Guoxin Holdings (Shanghai) Co., Ltd. as the investing party in a market-entity registration. China Reform and its affiliates said they have no equity, investment or business relationship with that entity or its affiliates; have not signed any agreements or authorized use of their name; are not aware of or involved in the entity’s activities; and accept no

China Reform Holdings Co., Ltd. said it discovered that Hengyun Energy Technology (Beijing) Center (Limited Partnership) listed its subsidiary Guoxin Holdings (Shanghai) Co., Ltd. as the investing party in a market-entity registration. China Reform and its affiliates said they have no equity, investment or business relationship with that entity or its affiliates; have not signed any agreements or authorized use of their name; are not aware of or involved in the entity’s activities; and accept no responsibility. The company warned the public to guard against personal or property losses.